AIBullishBlockonomi · 6h ago7/10
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Taiwan Semiconductor (TSM) Stock Poised for Historic Quarterly Profit Streak Driven by AI Boom
Taiwan Semiconductor Manufacturing Company (TSMC) is forecasted to report Q1 earnings of $17.1 billion, representing 50% year-over-year growth driven primarily by surging artificial intelligence chip demand. Analysts are raising price targets on the stock as the company benefits from the ongoing AI boom.